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Namaskar. Salaam, Sat Sri Akal, Vannakkam.
We have created a novel idea to bring you up to speed with news, views, information, and lots more.
So, we thought about an audio solution.
Welcome to the latest episode of our podcast series where we bring you the latest updates and insights from the real estate industry
In this episode of Keeping it Real by Housing.com, 2024, we spoke with Ms. Ankita Sood, Head of Research at PropTiger.com, Housing.com & Makaan.com will unlock the primary real estate markets of India.
Stay tuned.
Welcome to another insightful 40th episode of ‘Keeping it Real by Housing.com!’ as we dissect the recent developments shaping India's real estate sector. In this episode, we unravel the implications of the interim budget announced by Finance Minister Nirmala Sitharaman, focusing on the government's initiatives to boost housing for the middle-income group and rural areas. From addressing challenges faced by private builders to the surge in property prices across major cities, we explore the intricacies of the market dynamics and the potential impact on homebuyers.
But that's not all! We also dive into the recent monetary policy announced by the RBI and its implications for the housing market. With insights from industry experts and analyses of key trends, we provide you with a comprehensive overview of the current status quo and future prospects in India's real estate landscape.
Don't miss the keys to your dream home—tune in now!
That’s it from us for this episode. We shall be back again with a fresh episode of Keeping it Real by Housing.com with information and insights on the real estate industry.
Time stamps for the video:
0:00 Introduction
0:26 Interim Budget announcements on real estate
2:22 The scheme announced in the budget targeting the middle-class to significantly boost the housing sector
3:44 According to PropTiger.com’s latest report, there has been a substantial 6% year-on-year increase in property prices across the top-eight cities in 2023.
4:36 The ripple effects of these dynamics have compelled builders to recalibrate the basic selling price of apartments
6:44 RBI maintains status quo on the repo rate; carefully balances growth objectives with containing inflation; no immediate increase in monthly EMIs
7:07 Optimistic projections for improved growth and subdued inflation has triggered hope for lower interest rates by mid-2024
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